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Does applying for multiple credit cards hurt my CIBIL score?

Yamuna Mishra

Asked 10 Mar 2026

15

I plan to apply for 3 credit cards in 2 months to maximise rewards. Will this hurt my credit score and my future loan eligibility?

3 Answers

Accepted
20
Nusrat Salunkhe·11 Mar 2026

Tip from someone who made this mistake: never max out the credit limit in the first 6 months. Banks track utilisation, and high utilisation right after approval often triggers a credit limit decrease or even an account review.

7
Krishnan Agrawal·14 Apr 2026

On the add-on card: yes, the primary cardholder is fully liable for all spends on the add-on. There is no separate credit limit or statement. So only issue it to someone you trust absolutely — spouse, parents. Not friends, not siblings you have money disputes with.

-1
Aarav Goyal·6 Mar 2026

For the fee waiver condition: most banks count only retail purchases, not EMI, wallet loads, or fuel (in some cases). Read the TnC PDF linked at the bottom of the fee-waiver email — it's usually 2-3 paragraphs of fine print that change everything.

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